Bitvestment Review – Is it Scam? – CFDs and Real Cryptos

Cryptocurrency trading has become increasingly popular in recent years, with investors looking to take advantage of the potential high returns that can be achieved in this market. However, with the rise in popularity of cryptocurrency trading platforms, it can be difficult to determine which ones are legitimate and which ones are scams. One platform that has caught the attention of many investors is Bitvestment. In this article, we will take a closer look at Bitvestment, its features and functionality, and investigate whether it is a scam or a reputable platform for trading cryptocurrencies.

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I. Introduction

Bitvestment is a cryptocurrency trading platform that allows users to trade a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. The platform offers both Contracts for Difference (CFDs) and real cryptocurrencies, giving users the flexibility to choose the trading method that best suits their needs and risk appetite.

CFDs are financial derivatives that allow investors to speculate on the price movements of an underlying asset, such as a cryptocurrency, without actually owning the asset itself. This means that investors can profit from both rising and falling prices, making CFDs a popular choice among traders who want to take advantage of short-term price movements.

Real cryptocurrencies, on the other hand, involve buying and owning the actual digital asset. This means that investors can hold onto their cryptocurrencies for the long term and potentially benefit from any future price increases.

II. What is Bitvestment?

Bitvestment is a cryptocurrency trading platform that provides users with access to a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. The platform offers both CFDs and real cryptocurrencies, allowing users to choose the trading method that best suits their needs and risk appetite.

One of the key features of Bitvestment is its user-friendly interface, which makes it easy for both beginner and experienced traders to navigate the platform. The platform also provides users with access to a range of trading tools and indicators, allowing them to make informed trading decisions.

III. Understanding CFDs

Contracts for Difference (CFDs) are financial derivatives that allow investors to speculate on the price movements of an underlying asset, such as a cryptocurrency, without actually owning the asset itself. When trading CFDs, investors enter into an agreement with the broker to exchange the difference in the price of an asset between the time the contract is opened and the time it is closed.

CFDs are popular among traders because they offer several advantages. Firstly, CFDs allow traders to profit from both rising and falling markets. This means that traders can take advantage of short-term price movements and potentially make profits in any market condition.

Secondly, CFDs are leveraged products, which means that traders can open larger positions with a smaller amount of capital. This allows traders to potentially amplify their profits, but it also increases the risk of losses.

However, it is important to note that trading CFDs also carries certain risks. CFDs are complex financial instruments and there is a high risk of losing money rapidly due to leverage. Traders should carefully consider their risk appetite and only trade with the capital they can afford to lose.

IV. Real Cryptos vs CFDs

While CFDs offer several advantages, trading real cryptocurrencies also has its own set of benefits and drawbacks.

When trading real cryptocurrencies, investors actually buy and own the digital asset. This means that investors can hold onto their cryptocurrencies for the long term and potentially benefit from any future price increases. It also allows investors to use their cryptocurrencies for other purposes, such as making online purchases or sending money to others.

However, trading real cryptocurrencies also has its disadvantages. Firstly, it requires investors to set up and manage a digital wallet to store their cryptocurrencies securely. This adds an extra layer of complexity and requires investors to take additional security measures to protect their digital assets.

Secondly, trading real cryptocurrencies can be more time-consuming and requires investors to closely monitor the market for potential trading opportunities. This may not be suitable for investors who prefer a more passive approach to investing.

V. Is Bitvestment a Scam?

One of the most important factors to consider when choosing a cryptocurrency trading platform is its legitimacy. In the case of Bitvestment, there are several factors that suggest it is a legitimate platform for trading cryptocurrencies.

Firstly, Bitvestment is registered and regulated by the relevant authorities in the countries in which it operates. This means that the platform is subject to strict regulatory oversight and is required to adhere to certain standards and practices to protect investors.

Secondly, Bitvestment has a strong reputation in the cryptocurrency trading community. The platform has been operating for several years and has a large and active user base. User reviews and feedback suggest that Bitvestment provides a reliable and secure trading environment.

Finally, Bitvestment offers a range of security features to protect user funds and personal information. The platform uses advanced encryption technology to secure user data and implements strict security protocols to prevent unauthorized access.

While it is always important to exercise caution and do thorough research before investing any funds, the evidence suggests that Bitvestment is a legitimate platform for trading cryptocurrencies.

VI. Bitvestment's Features and Functionality

Bitvestment offers a range of features and functionality that make it a popular choice among cryptocurrency traders. Here are some of the key features of the platform:

1. User-friendly interface: Bitvestment provides users with a user-friendly interface that is easy to navigate, even for beginners. The platform is designed to be intuitive and provides users with access to a range of trading tools and indicators.

2. Range of cryptocurrencies: Bitvestment offers a wide range of cryptocurrencies for trading, including Bitcoin, Ethereum, and Litecoin. This allows users to diversify their trading portfolio and take advantage of different market opportunities.

3. Advanced trading tools: Bitvestment provides users with access to a range of advanced trading tools and indicators, including technical analysis tools, charting tools, and real-time market data. This allows users to make informed trading decisions based on market trends and patterns.

4. Demo account: Bitvestment offers a demo account feature that allows users to practice trading without risking any real money. This is particularly useful for beginners who want to familiarize themselves with the platform and test their trading strategies before trading with real money.

5. Mobile app: Bitvestment provides users with a mobile app that allows them to trade cryptocurrencies on the go. The app is available for both iOS and Android devices and provides a seamless trading experience.

VII. How to Get Started with Bitvestment

Getting started with Bitvestment is easy and straightforward. Here is a step-by-step guide on how to create an account and start trading on Bitvestment:

1. Visit the Bitvestment website and click on the 'Sign Up' button.
2. Fill in the required information, including your email address and password.
3. Read and accept the terms and conditions of the platform.
4. Verify your email address by clicking on the verification link sent to your inbox.
5. Complete the verification process by providing the required identification documents.
6. Deposit funds into your Bitvestment account using one of the available payment methods.
7. Start trading by selecting the cryptocurrency you want to trade and placing a trade order.

It is important to note that Bitvestment may require additional verification steps, such as providing proof of address or conducting a phone verification, depending on your country of residence and the amount of funds you want to deposit or withdraw.

VIII. Tips and Strategies for Successful Trading on Bitvestment

Trading cryptocurrencies can be highly profitable, but it is also a risky endeavor. Here are some tips and strategies to help you maximize your profits and minimize your losses when trading on Bitvestment:

1. Do thorough research: Before trading any cryptocurrency, it is important to do thorough research and understand the fundamentals of the asset. This includes studying the project behind the cryptocurrency, its market potential, and any recent news or developments that may impact its price.

2. Develop a trading strategy: Having a well-defined trading strategy is essential for success in the cryptocurrency market. This includes setting clear entry and exit points, determining your risk tolerance, and implementing risk management techniques.

3. Practice risk management: Risk management is crucial when trading cryptocurrencies. This includes setting a stop-loss order to limit your potential losses, diversifying your trading portfolio, and only risking a small percentage of your capital on each trade.

4. Stay up to date with market trends: Cryptocurrency markets are highly volatile and can change rapidly. Staying up to date with market trends and news is essential for making informed trading decisions.

5. Start with a demo account: If you are new to cryptocurrency trading, it is recommended to start with a demo account on Bitvestment. This allows you to practice trading without risking any real money and helps you familiarize yourself with the platform and its features.

6. Learn from your mistakes: Trading cryptocurrencies is a learning process, and it is inevitable that you will make mistakes along the way. It is important to learn from these mistakes and continuously improve your trading skills.

IX. Frequently Asked Questions (FAQs)

What is Bitvestment's minimum deposit requirement?

Bitvestment does not have a minimum deposit requirement. However, it is recommended to deposit a sufficient amount of funds to cover your trading positions and any potential losses.

Can I withdraw my funds from Bitvestment at any time?

Yes, you can withdraw your funds from Bitvestment at any time. However, the withdrawal process may take some time, depending on the payment method you choose and the verification requirements.

How secure is Bitvestment's platform?

Bitvestment takes the security of its platform and user funds very seriously. The platform uses advanced encryption technology to secure user data and implements strict security protocols to prevent unauthorized access.

Is there a demo account available on Bitvestment?

Yes, Bitvestment offers a demo account feature that allows users to practice trading without risking any real money. This